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Get a Savings Account Recommendation
Type of Currency
Number of Monthly ATM/Cash Withdrawalslegal bug 1
Average Monthly Balance
Number of Accounts That Match Criteria
4
| Account Details |
High Interest |
Enhanced Savings |
Day to Day |
U.S. Savings |
|---|---|---|---|---|
| Overview | An online savings account offering high interestlegal bug 1 on every dollar | Tiered interestlegal bug 1 rates begin at balances of $5,000 or more | Tiered interestlegal bug 1 on every dollar saved | High interestlegal bug 1 on every U.S. dollar saved |
| Currency | Canadian | Canadian | Canadian | U.S. |
| Interest Ratelegal bug 1 | % | Tiered | Tiered | % |
| NOMI Find & Save | Accelerate your savings by turning on NOMI Find & Save in the RBC Mobile App | |||
| Monthly Debits Includedlegal bug 2 | 1 withdrawal from RBC Royal Bank ATM | 1 | 1 | 1 |
| Monthly Fee | Free | Free | Free | Free |
| Debits Exceeding Monthly Limits | $5.00 each | $2.00 each | $2.00 each | $3.00 eachlegal bug 5 |
| Account transfers | Free transfers between any RBC Royal Bank personal deposit accounts in your name | |||
| Interac e-Transfer Transactions | $1.00 each | $1.00 each | $1.00 each | Not Available |
| Interac Access Fee at a Non-RBC Royal Bank ATM in Canadalegal bug 6 | $2.00 each | $2.00 each | $2.00 each | Not Available |
| PLUS System Access Fee at a Non-RBC Royal Bank ATM Within Canada and U.S.legal bug 6 | $3.00 each | $3.00 each | $3.00 each | Not Available |
| Plus System Access Fee at a Non-RBC Royal Bank ATM Outside Canada and U.S.legal bug 6 | $5.00 each | $5.00 each | $5.00 each | Not Available |
| Cross-Border Debitlegal bug 3, legal bug 4 | $1.00 each | $1.00 each | $1.00 each | Not Available |
| RBC International Money Transfer | Not Available | No fee7 | No fee7 | Not Available |
| Online & Mobile Banking | Free | Free | Free | Free |
| Telephone Banking | Free | Free | Free | Free |
| eStatement and eNotifications including Cheque Images Viewed Online Less Than 90 Days Old | Free | Free | Free | Free |
| Monthly Paper Statement without cheque image | Not Available | $2.25 | $2.25 | Not Available |
| Cheque Images Returned With Paper Statement | Not Available | $2.50 per monthly cycle | $2.50 per monthly cycle | Not Available |
| Sign Me Up for RBC High Interest eSavings | Sign Me Up for Enhanced Savings | Sign Me Up for Day to Day Savings | Sign Me Up for U.S. High Interest eSavings | |
| Learn More about High Interest account | Learn More about Enhanced Savings account | Learn More about Day to Day account | Learn More about U.S. Savings account | |
Legal Bug 1)
The interest rate is an annual interest rate. It is a simple interest calculation. Interest is calculated daily on the closing credit balance and paid monthly. Interest rate is subject to change at any time without notice.
Legal Bug 2)
RBC Virtual Visa Debits, Third-party payment Debits, RBC Royal Bank loan payments, RBC Royal Bank mortgage payments, pre-authorized and self-serve RBC Royal Bank credit card payments and contributions to RBC investment accounts (such as GICs, Royal Mutual Funds, Registered Savings Plans, Registered Education Savings Plans, Registered Disability Savings Plans and Tax-Free Savings Accounts) from your RBC Day to Day Banking Account, U.S. Personal Account, Leo’s Young Savers Account or RBC Student Banking Account are free of charge. All other Debit Transactions from these Accounts are counted as Debit Transactions towards the free monthly Debit Transactions included in the Account, and give rise to an Excess Debit Transaction Fee if the total free monthly Debit Transactions are exceeded.
Legal Bug 3)
On operating account only. $1 per cross border debit transaction on companion accounts. Not available on U.S. Personal Account.
Legal Bug 4)
Foreign currency purchases paid by withdrawal from your Canadian dollar account are converted to Canadian dollars at an exchange rate 2.5% over the Interbank Spot Rate (as defined by Acxsys Corp.), effective at time of processing. Since exchange rates fluctuate, the rate applied will usually differ from the posted exchange rate at the time of your purchase.
Legal Bug 5)
Exception: Cheques are not permitted.
Legal Bug 6)
ATM - RBC ATM Access fees waived
An ATM operator surcharge (also called convenience fee) may be charged by other ATM operators. The convenience fee is not a Royal Bank fee. It is added directly to the amount of your cash withdrawal. All clients who use non-RBC ATMs may be charged a convenience fee regardless of the type of account they hold.
ATM use outside Canada
Each account cash withdrawal at an ATM outside Canada displaying the PLUS System symbol, and any fees that may be imposed by any third party for using the ATM, are converted to Canadian dollars at an exchange rate which is 2.5% above the bench mark rate set by the payment card company when the transaction is posted. Exchange rates fluctuate and, as such, the rate applied will usually differ from the posted exchange rate at the time of the transaction.
ATM - Unlimited banking transactions including Interac and PLUS System network fees waived
ATM operator surcharge (also called a convenience fee) may be charged by other ATM operators. The convenience fee is not a Royal Bank fee and is added directly to the amount of your cash withdrawal. All clients who use non-RBC ATMs may be charged a convenience fee regardless of the type of account they hold. Each account cash withdrawal at an ATM outside Canada displaying the PLUS System symbol, and any fees that may be imposed by any third party for using the ATM, are converted to Canadian dollars at an exchange rate which is 2.5% above the bench mark rate set by the payment card company when the transaction is posted. Exchange rates fluctuate and, as such, the rate applied will usually differ from the posted exchange rate at the time of the transaction.
ATMs - 3 withdrawals from other bank ATMs refunded per Monthly Cycle
ATM operator surcharge (also called a convenience fee) may apply. It is charged by a third party and added directly to the amount of your cash withdrawal. Totals are not cumulative, and if not used, may not be carried over into the next Monthly Cycle.
An ATM operator surcharge (also called convenience fee) may be charged by other ATM operators. The convenience fee is not a Royal Bank fee. It is added directly to the amount of your cash withdrawal. All clients who use non-RBC ATMs may be charged a convenience fee regardless of the type of account they hold.
ATM use outside Canada
Each account cash withdrawal at an ATM outside Canada displaying the PLUS System symbol, and any fees that may be imposed by any third party for using the ATM, are converted to Canadian dollars at an exchange rate which is 2.5% above the bench mark rate set by the payment card company when the transaction is posted. Exchange rates fluctuate and, as such, the rate applied will usually differ from the posted exchange rate at the time of the transaction.
ATM - Unlimited banking transactions including Interac and PLUS System network fees waived
ATM operator surcharge (also called a convenience fee) may be charged by other ATM operators. The convenience fee is not a Royal Bank fee and is added directly to the amount of your cash withdrawal. All clients who use non-RBC ATMs may be charged a convenience fee regardless of the type of account they hold. Each account cash withdrawal at an ATM outside Canada displaying the PLUS System symbol, and any fees that may be imposed by any third party for using the ATM, are converted to Canadian dollars at an exchange rate which is 2.5% above the bench mark rate set by the payment card company when the transaction is posted. Exchange rates fluctuate and, as such, the rate applied will usually differ from the posted exchange rate at the time of the transaction.
ATMs - 3 withdrawals from other bank ATMs refunded per Monthly Cycle
ATM operator surcharge (also called a convenience fee) may apply. It is charged by a third party and added directly to the amount of your cash withdrawal. Totals are not cumulative, and if not used, may not be carried over into the next Monthly Cycle.
Legal Bug 7)
Additional service fees by any intermediary and receiving bank may apply.